PUBLISHER: Lucintel | PRODUCT CODE: 1153913
PUBLISHER: Lucintel | PRODUCT CODE: 1153913
Copper Pipe and Tube Market Trends and Forecast
The future of the global copper pipe and tube market looks good with opportunities in the HVAC (Heat, Ventilation, and Air Conditioning), refrigeration, industrial, electrical, plumbing, and medical industries. The global copper pipe and tube market is expected to reach an estimated $19.7 billion by 2027, and it is forecast to grow at a CAGR of 2.3% from 2022 to 2027. The major drivers for this market are increasing demand for thermal efficient heat exchange equipment, rise in construction activities, and increasing automotive production.
Emerging Trends in Copper Pipe and Tube Market
Emerging trend, which has a direct impact on the dynamics of the industry, includes adoption of advance material in copper pipes and tubes, growing demand for copper pipes in electric and hybrid vehicles, and increasing adoption of antimicrobial copper pipes.
A total of 202 figures / charts and 171 tables are provided in this 295-page report to help in your business decisions. A sample figure with some insights is shown below. To learn the scope of, benefits, companies researched and other details of copper pipe and tube market report download the report brochure. Growth in various segments of the copper pipe and tube market are given below:
Copper Pipe and Tube Market by Segment
In this market, small diameter pipe is the largest market by diameter, whereas HVAC is largest market by end use type.
Copper Pipe and Tube Market by End Use [Value ($ Million) and Volume (Kilo Tons) from 2016 to 2027]:
Copper Pipe and Tube Market by Product Type [Value ($ Million) and Volume (Kilo Tons) from 2016 to 2027]:
Copper Pipe and Tube Market by Diameter [Value ($ Million) and Volume (Kilo Tons) from 2016 to 2027]:
Copper Pipe and Tube Market by Pressure Rating [Value ($ Million) and Volume (Kilo Tons) from 2016 to 2027]:
Copper Pipe and Tube Market by Region [Value ($ Million) and Volume (Kilo Tons) from 2016 to 2027]:
United States
Canada
Mexico
Russia
Germany
United Kingdom
China
Japan
India
Middle East
List of Copper Pipe and Tube Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, copper pipe and tube companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the copper pipe and tube companies profiled in this report include-
Copper Pipe and Tube Market Insights
Features of Copper Pipe and Tube Market
FAQ
Q1. What is the copper pipe and tube market size?
Answer: The global copper pipe and tube market is expected to reach an estimated $19.7 billion by 2027.
Q2. What is the growth forecast for copper pipe and tube market?
Answer: The copper pipe and tube market is expected to grow at a CAGR of ~2% from 2020 to 2025.
Q3. What are the major drivers influencing the growth of the copper pipe and tube market?
Answer: The major drivers for this market are increasing demand for thermal efficient heat exchange equipment, rise in construction activities, and increasing automotive production.
Q4. What are the major end uses or applications for the copper pipe and tube market?
Answer: HVAC, refrigeration, industrial, electrical, plumbing, and medical are the major end uses of copper pipes and tubes.
Q5. What are the emerging trends in copper pipe and tube market?
Answer: Emerging trends, which have direct impact on the dynamics of the industry, include adoption of advanced materials in copper pipes and tubes, growing demand for copper pipes in electric and hybrid vehicles, and increasing adoption of antimicrobial copper pipes.
Q6. Who are the key copper pipe and tube companies?
Answer: Some of the key copper pipe and tube companies are as follows:
Q7. Which will be the largest copper pipe and tube market product type segment in the future?
Answer: Lucintel forecasts straight length copper pipes will remain the largest product type segment over the forecast period, as straight length pipes are mostly used in medical, plumbing, and refrigeration.
Q8 : In copper pipe and tube market, which region is expected to be the largest in the next five years?
Answer: Asia Pacific is expected to be the largest region over the next five years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.